OPEC

Pronunciation (US):

 Dictionary entry overview: What does OPEC mean? 

• OPEC (noun)
  The noun OPEC has 1 sense:

1. an organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum

  Familiarity information: OPEC used as a noun is very rare.

 Dictionary entry details 

• OPEC (noun)

Meaning:

An organization of countries formed in 1961 to agree on a common policy for the production and sale of petroleum

Classified under:

Nouns denoting groupings of people or objects

Synonyms:

OPEC; Organization of Petroleum-Exporting Countries

Hypernyms ("OPEC" is a kind of...):

oil cartel (a cartel of companies or nations formed to control the production and distribution of oil)

global organization; international organisation; international organization; world organisation; world organization (an international alliance involving many different countries)

Meronyms (members of "OPEC"):

United Arab Emirates (a federation of seven Arab emirates on the eastern Arabian peninsula; achieved independence from the United Kingdom in 1971; rich in oil reserves)

Kingdom of Saudi Arabia; Saudi Arabia (an absolute monarchy occupying most of the Arabian Peninsula in southwest Asia; vast oil reserves dominate the economy)

Katar; Qatar; State of Katar; State of Qatar (an Arab country on the peninsula of Qatar; achieved independence from the United Kingdom in 1971; the economy is dominated by oil)

Libya; Socialist People's Libyan Arab Jamahiriya (a military dictatorship in northern Africa on the Mediterranean; consists almost entirely of desert; a major exporter of petroleum)

Koweit; Kuwait; State of Kuwait (an Arab kingdom in Asia on the northwestern coast of the Persian Gulf; a major source of petroleum)

Al-Iraq; Irak; Iraq; Republic of Iraq (a republic in the Middle East in western Asia; the ancient civilization of Mesopotamia was in the area now known as Iraq)

Iran; Islamic Republic of Iran; Persia (a theocratic Islamic republic in the Middle East in western Asia; Iran was the core of the ancient empire that was known as Persia until 1935; rich in oil)

Dutch East Indies; Indonesia; Republic of Indonesia (a republic in southeastern Asia on an archipelago including more than 13,000 islands; achieved independence from the Netherlands in 1945; the principal oil producer in the Far East and Pacific regions)

Bharat; India; Republic of India (a republic in the Asian subcontinent in southern Asia; second most populous country in the world; achieved independence from the United Kingdom in 1947)

Arab Republic of Egypt; Egypt; United Arab Republic (a republic in northeastern Africa known as the United Arab Republic until 1971; site of an ancient civilization that flourished from 2600 to 30 BC)

Algeria; Algerie; Democratic and Popular Republic of Algeria (a republic in northwestern Africa on the Mediterranean Sea with a population that is predominantly Sunni Muslim; colonized by France in the 19th century but gained autonomy in the early 1960s)

Republic of Venezuela; Venezuela (a republic in northern South America on the Caribbean; achieved independence from Spain in 1811; rich in oil)